All penalties articles
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Blog
‘Failure to cooperate’ multiplies SEC penalty from $2K to $980K
On June 21, 2016, the SEC announced that the failure of a defendant in an SEC enforcement action to live up to an agreement to “cooperate fully and truthfully” had resulted in that defendant's penalty being increased from $2,533 to a staggering $980,229. And it could have been worse! Bruce ...
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Blog
'You Get a Refund! You Get a Refund! You Get a Refund...!'
The SEC might be feeling like a little like Oprah lately, handing out refunds the way Oprah hands out cars. "You get a refund! You get a refund! YOU get a refund!"
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Blog
The Return of 'Decimal Dust' and the SEC Penalties Act
Three years later, Sen. Chuck Grassley is re-introducing the SEC Penalties Act of 2012 -- and dusting off some old quotes.